Tag Archives: Tehran Times

The managing director of National Iranian Oil Company (NIOC) emphasized the efforts of this company to realize the slogan of this Iranian calendar year (began on March 21) and said during the activity of the Ministry of Oil in the 13th government, increasing production in the oil and gas sector …

Iranian Oil Minister Javad Oji said that a new record high will be reached in the country’s oil export in the current Iranian calendar year 1402 (began on March 21). The country’s oil export in 1401 was 83 million barrels more than that of 1400, and 190 million barrels more …

Average daily gasoline consumption in Iran rose 11 percent in the past Iranian calendar year 1401 (ended on March 20), according to the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC). Jalil Salari also said that the country’s average daily gasoline production has reached 115 million …

Iranian Oil Minister Javad Oji has said that phase 11 of the South Pars gas field development plant is going to go operational within the next two months, IRNA reported. “Considering the measures taken, production will start from phase 11 of South Pars in the next two months,” Oji told …

Iran’s gross domestic product (GDP) including oil grew 3.3 percent in the first nine months of the current Iranian calendar year (March 21 – December 21, 2022) compared to the same period last year, according to the Statistical Center of Iran (SCI). Based on the SCI data, the figure excluding …

The value of Iran’s non-oil exports rose 12.22 percent during the first 11 months of the current Iranian calendar year (March 21, 2022-February 19, 2023), as compared to the same period of time in the past year. According to Mohammad Rezvani-Far, the head of the Islamic Republic of Iran Customs …

South Azadegan oilfield is located 80 kilometers west of Ahvaz (the capital city of Iran’s southwestern Khuzestan province), near the Iraqi border. The oil reserves in this field are estimated to be around 25.34 billion barrels, and the recoverable oil is estimated to be around 1.7 billion barrels, taking into …

Russia will reportedly replace German-made hydropower-plant turbines with Iranian-made ones as Western sanctions have halted operations of Siemens in Russia since February 2022. As RT reported, MGT-70 gas turbine units are copies of Siemens hardware, developed by the Islamic Republic. The country attained a license for their assembly and localized …

National Iranian South Oil Company (NISOC) has signed a cooperation memorandum of understanding (MOU) with Basra Oil Company (BOC), Shana reported. The MOU was signed on the sidelines of the 13th Specialized Exhibition of Khuzestan Manufacturing Oil Industry Equipment in Iran’s southwestern Khuzestan Province. According to NISOC Head Alireza Daneshi, …

The 14th edition of the South Pars Oil, Gas, Refinery, and Petrochemical Exhibition (SPPEX 2023) was inaugurated in the Pars Special Economic Energy Zone (PSEEZ) at Iran’s energy hub Assaluyeh on Sunday. The opening ceremony of the exhibition was attended by several provincial officials including Abolhassan Razminia, the head of …